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Tagged in Tanker

SFL - Acquisition of two LNG dual-fuel chemical carriers in combination with long term employment

SFL Corporation Ltd. (NYSE: SFL) (SFL) today announced that it has agreed to acquire two LNG dual-fuel 33,000 dwt chemical carriers. The vessels are built in 2022/2023 and fitted with stainless steel cargo tanks, and the aggregate purchase price is …
Apr 23, 2024 / Vessels

Hyundai Glovis takes delivery of dual-fuel LPG vessel

Hyundai Glovis will introduce two super-large gas carriers (VLGCs) to start its gas transportation business in earnest. Hyundai Glovis announced on the 27th that it held a naming ceremony for Taebaek Explorer at HD Hyundai Samho Shipyard in …
Apr 9, 2024 / Vessels

Chevron Charters Its First Hybrid Electric Bunker Tanker

Chevron is chartering its first hybrid electric bunker tanker—a vessel that fuels other ships. The tanker arrived at Singapore facilities last summer. The hybrid ship will provide maritime customers in the region with Chevron fuel. The bunker tanker …
Apr 1, 2024 / Curious

Terntank Expands Its Pioneering Fleet With 1+1 Additional Wind/Methanol-Ready Hybrid Tanker

Building on its industry-leading commitment to environmental sustainability, Terntank today announced it has placed an order for 1+1 of the next-generation oil and chemical tanker with wind-assisted propulsion and dual-fuel engine capable of …
Mar 27, 2024 / Curious

Scorpio Tankers announces agreements to sell two MR product tankers

Scorpio Tankers Inc. has entered into agreements to sell two 2013 built MR product tankers, STI Larvotto and STI Le Rocher, for $36.15 million per vessel, according to the company's release.  The company will make no debt repayments associated …
Mar 22, 2024 / Vessels

Stena Bulk enters into new partnership in the operation of existing IMOIIMAX tankers

Leading tanker shipping company Stena Bulk has today announced it has entered into a new partnership with a prominent Gulf Co-operation Council investment institution in the operation of an undisclosed number of Stena Bulk’s existing IMOIIMAX …
Mar 21, 2024 / Curious

SFL - Acquisition of three newbuild LR2 product tankers in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (SFL) announced today that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million in combination with long term time charters to a world-leading energy and …
Mar 20, 2024 / Curious

Advanced Polymer Coatings strikes triple vessel recoating deal with Odfjell Tankers

AVON, OHIO headquartered manufacturer Advanced Polymer Coatings has signed a deal with Odfjell to recoat three of its chemical tankers as its 2024 order book continues to grow. The work will see APC replacing zinc coating with its industry-leading …
Mar 13, 2024 / Curious

Performance Shipping Secures Five-Year Time Charter Contracts With Clearlake For Three Newbuilding Vessels

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, today announced that, through separate wholly-owned subsidiaries, it has entered into time charter contracts with Clearlake Shipping …
Mar 12, 2024 / Curious

Samsung Heavy Industries wins US$149 million order for 1 shuttle tanker

Korean shipyard Samsung Heavy Industries said Monday it has clinched a 198.8 billion-won (US$149 million) order to build a shuttle tanker for an Oceanian shipper. The vessel will be delivered to the undisclosed shipping company by the end of August …
Mar 6, 2024 / Curious